Club backs jumps racing return

The Moe Racing Club says the continuation of jumps racing in Victoria will mean hundreds of thousands of dollars a year for Gippsland's economy.

Racing Victoria has reversed its decision to end jumps racing after this year.

It has decided jumps racing can continue if last year's fatality rate is halved and the number of falls is reduced from 5 per cent to 3 per cent of starters.

The CEO of the Moe Racing Club, David McKinnon, says the continuation of jumps racing will benefit the local racing industry.

"It's very good news for our local economy as well as for trainers in the area and riders ... and for the club as well it adds a bit of excitement to our race day to have jumps racing on the program," he said.